Churchill Capital Total Risk Alpha
| CCIXU Stock | | | 10.50 0.00 0.00% |
Observed values used in the Total Risk Alpha indicator for Churchill Capital Corp are included in this dataset. The underlying data comes from exchange-reported trading records. Portfolio design and allocation context appear in
Trending Equities. Portfolio-level transparency adds depth to allocation analysis. A position in Churchill Capital Corp is part of the allocation. It is reflected in the overall portfolio structure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in services.
Churchill Capital Corp has current Total Risk Alpha of 0.1603. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.1603 | |
| ER[a] | = | Expected return on investing in Churchill Capital |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Churchill Capital |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Churchill Capital Corp maintains a
third standing in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
95.73 of Maximum Drawdown per Total Risk Alpha. For Churchill Capital Corp, Maximum Drawdown stands at
95.73 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Churchill Capital to Peers
Other Technical Indicators